AO Severstal boosts steel output

19 January 2018, 08:23

Source - SMW

Russian-based steel producer AO Severstal said it boosted hot metal output by 5% in the fourth quarter to 2.34m tones compared to the previous quarter.
Crude steel production rose 2% to 3.01m tonnes. Consolidated steel product sales, however, declined 2% to 2.78m tonnes after a significant stock sell-off in the third quarter.

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